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    "The Asian Financial Crisis" Public Seminar

    Asian Development Bank Institute | April 1998
    Abstract
    To derive valuable lessons in managing financial crises when they occur and how best to prevent them from recurring, the Asian Development Bank Institute and the Asian Development Bank, in cooperation with the Graduate Institute of International Studies in Geneva, jointly organized a public seminar entitled The Asian Financial Crisis. The seminar, held at the Geneva International Convention Center on April 28, 1998, brought together a distinguished group of policymakers, academics, central bankers, financial market representatives, and journalists from around the world. Over 800 people attended the seminar. A number of themes recurred throughout the seminar. First, there was a renewed call for accelerated, structural reform programs in the affected economies to strengthen not only their financial systems but also education, legal, labor markets, and other sectors. To this end, it was stressed that institutional development must keep pace with international technological and financial improvements. Second, the speakers echoed the widely recognized imperative of emerging markets to substantially shore up their banks' regulatory and supervisory systems, and to improve transparency and disclosure. Finally, the role of international cooperation was emphasized in properly diagnosing impending financial shocks, managing crisis situations more effectively, and devising better risk management techniques to create more resilient and robust financial systems.
    Citation
    Asian Development Bank Institute. 1998. "The Asian Financial Crisis" Public Seminar. © Asian Development Bank Institute. http://hdl.handle.net/11540/6602.
    Keywords
    Crisis
    Unemployment
    Economic cooperation
    Gross domestic product
    Employment
    Economic forecast
    Economic Crisis
    Economic Efficiency
    Economic Policies
    Regional Economic Development
    Job Evaluation
    Evaluation
    Financial crisis
    Labor economics
    Regional economics
    Turnover
    Economic survey
    Job analysis
    Labor turnover
    International relief
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    Citable URI
    http://hdl.handle.net/11540/6602
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    adbi-ess-financial-crisis-seminar.pdf (65.88Kb)
    Author
    Asian Development Bank Institute
    Theme
    Economics
    Evaluation
     
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise